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( Solving for n with non - annual periods ) Approximately how many years would it take for an investment to grow fivefold if it
Solving for n with nonannual periodsApproximately how many years would it take for an investment to grow fivefold if it were invested at percent compounded semiannually Assume that you invest $ today.
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If you invest $ at percent compounded semiannually about how many years would it take for your investment to grow fivefold to $Hint: Remember to convert your calculator solution to years.
enter our response here yearsRound to one decimal place.
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